Factored receivables have been sold to another company

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Which of the following are potential cost drivers that managers can seek to contain?

(a) the size of a company's product line (b) employee benefits packages (c) the components used in product assembly (d) governmental regulatory requirements

Business

Due to criticisms of rating agencies following the default of many subprime products, the SEC prohibited credit rating agencies from structuring the same products that they rate

Indicate whether the statement is true or false

Business